Rivernorth Capital Management LLC Reduces Holdings in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

Rivernorth Capital Management LLC lowered its position in shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 18.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 926,675 shares of the company’s stock after selling 205,399 shares during the period. Rivernorth Capital Management LLC’s holdings in Franklin Limited Duration Income Trust were worth $8,924,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of FTF. First Allied Advisory Services Inc. grew its position in shares of Franklin Limited Duration Income Trust by 43.9% during the first quarter. First Allied Advisory Services Inc. now owns 34,797 shares of the company’s stock worth $337,000 after buying an additional 10,623 shares in the last quarter. Shaker Financial Services LLC grew its position in shares of Franklin Limited Duration Income Trust by 15.1% during the second quarter. Shaker Financial Services LLC now owns 139,171 shares of the company’s stock worth $1,340,000 after buying an additional 18,306 shares in the last quarter. Ford Financial Group Inc. grew its position in shares of Franklin Limited Duration Income Trust by 0.8% during the second quarter. Ford Financial Group Inc. now owns 131,255 shares of the company’s stock worth $1,263,000 after buying an additional 1,044 shares in the last quarter. Advisor Group Inc. grew its position in shares of Franklin Limited Duration Income Trust by 6.8% during the second quarter. Advisor Group Inc. now owns 165,071 shares of the company’s stock worth $1,591,000 after buying an additional 10,536 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its position in shares of Franklin Limited Duration Income Trust by 10.5% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 129,129 shares of the company’s stock worth $1,244,000 after buying an additional 12,305 shares in the last quarter.

Shares of FTF stock traded down $0.01 during mid-day trading on Friday, reaching $9.46. 600 shares of the company were exchanged, compared to its average volume of 96,198. Franklin Limited Duration Income Trust has a fifty-two week low of $8.60 and a fifty-two week high of $10.95.

Franklin Limited Duration Income Trust Profile

Franklin Limited Duration Income Trust is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc The fund is managed by Franklin Advisers, Inc It invests in the fixed income markets of the United States. The fund primarily invests in mortgage-backed securities, asset-backed securities, floating rate bank loans, and high yield corporate bonds.

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Institutional Ownership by Quarter for Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

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